I am currently interested in investing in real estate; however lack the capital to actually invest myself. I still decided I wanted to get involved and learn about the market (by reading books, but more importantly getting some real time experience). My plan is as follows…

I plan on using pre-foreclosed data through services like http://www.realprophet.com or http://www.foreclosure.com, and then doing the necessary research to obtain the comps, demographic analysis, profit ratios, and costs. I will also take care of the negotiations with the owners of the houses. In essence, I am merely giving the investors a referral/lead (with detailed spreadsheats and presentations of the specified properties), in which I would take either a lump sum or a percentage of the profit once (if) the sale is completed.

My plan is merely a rough, and definitely needs some fine tuning, so any advice you guys could give will be of a great help.

no need to dual post

Yea, it just clogs the board and splits up the information.